IP Strategy Holdings (IPST) CEO gains 1,668 shares as RSUs vest, 495 withheld
Rhea-AI Filing Summary
Justin B. Stiefel, CEO & Treasurer of IP Strategy Holdings, reported RSU vesting and related tax withholding. On August 2, 2026, 1,668 restricted stock units converted into the same number of common shares for him and his spouse. Of these, 495 shares were relinquished to the issuer at $2.16 per share to satisfy tax withholding obligations, with no open-market sales. Some shares are held indirectly by his spouse, for which he disclaims beneficial ownership beyond any pecuniary interest, and remaining RSUs continue vesting through February 2, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,173 shares
Net Buy
6 txns
Insider
Stiefel Justin B
Role
CEO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F6 | 1,459 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F6, F5 | 209 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 1,459 | -- | -- |
| Tax Withholding | Common Stock F3, F4, F2 | 433 | $2.16 | $935.28 |
| Exercise | Common Stock F1, F5 | 209 | -- | -- |
| Tax Withholding | Common Stock F3, F4, F5 | 62 | $2.16 | $133.92 |
Holdings After Transaction:
Restricted Stock Units — 2,916 shares (Direct);
Restricted Stock Units — 416 shares (Indirect, By Spouse);
Common Stock — 4,909 shares (Direct);
Common Stock — 1,404 shares (Indirect, By spouse)
Footnotes (6)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.
- F2. Includes 4 shares beneficially owned through American Estate and Trust, LC FBO Justin Stiefel IRA account
- F3. The reporting person relinquished the shares of Common Stock reported herein and the issuer cancelled such shares and returned them to issuer's treasury in exchange for remitting certain tax withholding obligations of the reporting person resulting from the vesting of the RSUs. As such, no shares of the issuer were sold by the reporting person.
- F4. Represents the per share closing price of the issuer's Common Stock on the applicable vesting date or, if there was no closing price on such date, the closing price on the trading date that was immediately prior to such vesting date.
- F5. These securities are held by Jennifer D.H. Stiefel, the spouse of the reporting person. For purposes of Section 16 of the Exchange Act, the reporting person disclaims beneficial ownership of any such securities, except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
- F6. The RSUs vest over an eighteen (18) month period beginning September 1, 2025, with six (6) months of service-based vesting deemed satisfied as of February 2, 2026, and the remaining units vesting in equal installments May 2, 2026, August 2, 2026, November 2, 2026, and February 2, 2027, subject to continued service.
Key Figures
RSUs Converted to Common Stock: 1,668 shares
Shares Withheld for Taxes: 495 shares
Tax Withholding Valuation Price: $2.1600 per share
+3 more
6 metrics
RSUs Converted to Common Stock
1,668 shares
RSUs converted into common stock for Justin B. Stiefel and his spouse on August 2, 2026
Shares Withheld for Taxes
495 shares
Common shares relinquished to the issuer to satisfy tax withholding from RSU vesting
Tax Withholding Valuation Price
$2.1600 per share
Per-share closing price used to value shares relinquished for tax withholding on the vesting date
RSU Vesting Period
18 months
RSUs vest over an eighteen-month period beginning September 1, 2025
Direct Shares Relinquished
433 shares
Direct common shares relinquished by Justin B. Stiefel to cover tax withholding obligations
Indirect Shares Relinquished
62 shares
Common shares held by spouse relinquished to cover tax withholding obligations
Key Terms
Restricted Stock Units, tax withholding obligations, treasury, pecuniary interest, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"in exchange for remitting certain tax withholding obligations of the reporting person"
treasury financial
"the issuer cancelled such shares and returned them to issuer's treasury"
The treasury is the department or area within a government or organization responsible for managing its money, finances, and financial strategies. It handles tasks like collecting revenue, paying bills, and planning for future financial needs, much like a household manages its budget. For investors, understanding the treasury is important because it influences interest rates, government spending, and overall economic stability.
pecuniary interest financial
"except to the extent of her pecuniary interest therein, if any"
Section 16 of the Exchange Act regulatory
"For purposes of Section 16 of the Exchange Act, the reporting person disclaims"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did IPST CEO Justin B. Stiefel report in this Form 4?
Justin B. Stiefel reported RSU vesting and related tax-withholding transactions. On August 2, 2026, RSUs converted into 1,668 common shares for him and his spouse, with a portion of those shares relinquished to the issuer to cover tax obligations.
How are the spouse’s IPST holdings treated in Justin Stiefel’s Form 4?
Some securities are held indirectly by his spouse, Jennifer D.H. Stiefel. The reporting person expressly disclaims beneficial ownership of those securities, except to the extent of her pecuniary interest, and notes that such reporting is not an admission of beneficial ownership.
What is the vesting schedule of the RSUs reported by IPST?
The RSUs vest over an 18‑month period beginning September 1, 2025. Six months of service-based vesting are deemed satisfied as of February 2, 2026, with remaining units vesting in equal installments on May 2, August 2, November 2, 2026, and February 2, 2027.